01-01-1970 12:00 AM | Source: Reuters
India's Nykaa sinks 5.4% on Q3 profit slump
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BENGALURU (Reuters) - Shares of India's FSN E-Commerce Ventures Ltd, the parent of cosmetics-to-fashion retailer Nykaa, fell as much as 5.4% on Tuesday after the company reported a 70.7% fall in third-quarter consolidated net profit due to higher costs.
(Reporting by Ashna Teresa Britto in Bengaluru; Editing by Savio D'Souza)
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